Centime Partners with Fyle to Add Expense Management to its Suite of Cash Management Solutions

BOSTON, Oct. 30, 2024 ~ Boston-based fintech company Centime has announced a new partnership with leading expense management provider Fyle, expanding their platform to include seamless expense management for small to midsize businesses (SMBs). This collaboration will offer finance teams full control over cash flow and spending, further enhancing Centime's comprehensive cash management solutions.

According to Centime's CEO and Founder BC Krishna, this partnership is a crucial step in helping CFOs develop effective cash strategies. "Expense management is vital to any CFO's cash strategy," said Krishna. "Our partnership with Fyle delivers a comprehensive approach to managing not just payables and receivables, but now employee expenses as well. We're tackling cash management from all angles, to give CFOs clear line-of-sight and control across all their cash inflows and outflows."

As businesses continue to grow and scale, managing employee expenses becomes an essential part of overall cash management. Real-time visibility and control over spending are crucial for optimizing working capital. With Fyle's advanced expense tracking, reporting, and reimbursement capabilities now integrated into Centime's platform, CFOs can automate expense approvals, enforce policies, and gain instant visibility into spending while keeping cash flow in check.

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This partnership offers mid-market businesses a single solution for managing their entire financial operation with ease and precision. By uniting AP, AR, banking, and expense management in one streamlined platform, Centime empowers companies to have complete oversight of their financial operations.

One of the key benefits of this expanded solution is that Centime Credit Card users will have access to Fyle's expense management software at no additional cost**, providing added value for clients. Additionally, the platform offers real-time insights into employee spending and automated approval workflows to enforce expense policies without manual effort.

Fyle seamlessly integrates with any card provider such as Visa, Mastercard, or Amex as well as popular accounting platforms like QuickBooks and Sage Intacct. This makes it easy for businesses to incorporate the platform into their existing financial processes.

To learn more about how Centime's expanded solution can streamline your financial operations, interested parties can book a demo at www.centime.com/demo. With free expense management, comprehensive cash control, real-time insights, and seamless integration, Centime's partnership with Fyle offers a powerful solution for SMBs looking to optimize their cash management strategies.

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